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Question 11 Novak Corp. compiled the following financial information of December 31, 2017: as Service revenue $1165000 Common stock 230000 Equipment 308000 Operating expenses 968000

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Question 11 Novak Corp. compiled the following financial information of December 31, 2017: as Service revenue $1165000 Common stock 230000 Equipment 308000 Operating expenses 968000 Cash 284000 Dividends 79000 Supplies 39000 Accounts payable 154000 Accounts receivable 114500 Retained earnings, 1/1/17 566000 Novak stockholders' equity on December 31, 2017 is: $914000. $993000. $875000. $684000

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